CryptoVibes: JPMorgan Insists 10% Junk-Rated Emerging Markets To Suffer Debt Crises In 2022
Increased borrowing costs and the global fallout from the Russia-Ukraine war could see up to 10% of riskier ‘junk’-rated emerging market countries face debt crises in 2022, analysts at U.S. investment bank JPMorgan have cautioned. More severe balance of payment pressures and larger fiscal deficits are now adding to problems for heavily-indebted countries that import […]
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